Netflix’s chief executive on whether it would expand into live evening news broadcasts: ‘You don’t want to invest in things that are dying’

Netflix said in October that its next area for expansion may be news programming, but its chief executive doesn’t seem interested in expanding into live evening newscasts. Reed Hastings, who is also one of Netflix’s founders, responded to a question on the subject by saying: “You don’t want to invest in things that are dying.” Hastings added that he did not think Netflix would ever offer live sporting events. Netflix may be expecting to compete more directly with the kind of news programming Vice News puts out.

+ The lines between news and entertainment are blurring in all directions as Netflix considers a move into news and news companies also expand into movies and documentaries